I Closed All My Remaining LEAPS CALL Positions At A Total Loss of SGD415K (USD306K)

I finally did it! I closed all my LEAPS CALL positions over 2 days on 13th and 15th Dec 2022 at a total loss of SGD333.8K (USD245.6K). There were contracts that I could not close because there were no more buyers, such as those expiring on Jan 23, as the current value is already $0. … Continue reading I Closed All My Remaining LEAPS CALL Positions At A Total Loss of SGD415K (USD306K)

The Risks Of LEAPS Options Trading & How I Mitigate Them

If you are thinking of buying LEAPS (long-dated CALL/ PUT option) for that magnified gain, it is important to understand the risk that comes with LEAPS so that you can make a more informed decision. LEAPS can magnify your capital gain as the premium price gain rises much faster than the existing share price gain. … Continue reading The Risks Of LEAPS Options Trading & How I Mitigate Them